tag:blogger.com,1999:blog-3287410507045799988.post3960317010487181656..comments2023-10-28T02:36:07.174-05:00Comments on South Union Street: Major players in Alabama have large sums in DROP programSouth Union Streethttp://www.blogger.com/profile/08570125913707370041noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-3287410507045799988.post-75315732640299956632019-10-12T04:50:41.699-05:002019-10-12T04:50:41.699-05:00Very impressive article! The blog is highly inform...Very impressive article! The blog is highly informative and has answered all my questions. <br />To introduce about our company and the activities, <a href="https://b2bcontactlists.com/index.html" rel="nofollow">B2B contact list</a> is a database provider <br />that helps you to boost your sales & grow your business through well-build <a href="https://b2bcontactlists.com/b2bcontactlistshttps://www.blogger.com/profile/06110191240061960204noreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-15907591296187550762011-03-24T08:38:28.399-05:002011-03-24T08:38:28.399-05:00The DROP program should NEVER have happened. Howe...The DROP program should NEVER have happened. However, since it did, now those that have completed their year (3-5) should be given a choice--either retire or put all of that earmarked money back into the system. My thoughts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-43293362292382270842011-03-11T17:50:29.563-06:002011-03-11T17:50:29.563-06:00YOUR ALL BEING TAKENYOUR ALL BEING TAKENAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-6978858803017093262011-03-11T09:30:57.481-06:002011-03-11T09:30:57.481-06:00The DROP program is, in essence, the ultimate &quo...The DROP program is, in essence, the ultimate "double-dipping" scheme of all because the participants continue to draw their regular salary while the amount they would have received each month in a retirement check is deposited into an interest bearing account for them (i.e. DROP program).The easiest way to solve this is to enforce the law! The DROP program, as enacted by the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-11036827338760846382011-03-11T08:21:04.727-06:002011-03-11T08:21:04.727-06:00Got a recording on my phone by Paul Hubbert statin...Got a recording on my phone by Paul Hubbert stating AEA was now supporting a way to fund DROP w/o State funds. Didn't say from where but would be surprised if AEA contributed any $$. Greed and abuse of power is ruining this country. I laugh when I read newspaper articles about corruption in other countries in the Middle Ease; we need to take care of our own first - they're laugh at us Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-82340019327103484402011-03-11T08:19:15.707-06:002011-03-11T08:19:15.707-06:00When I saw the front page of the Advertiser this m...When I saw the front page of the Advertiser this morning, I wondered if this story might be the coup de grâce for Hubbard and Reed. First they back the wrong candidate, then they lose control of the Legislature and now the rank and file get to see how the AEA leadership have created their platinum parachutes on the backs of the classroom teacher. My guess is there will be many current AEA Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-74320514326712565202011-03-11T00:17:11.129-06:002011-03-11T00:17:11.129-06:00Just exactly *why* is the DROP program going broke...Just exactly *why* is the DROP program going broke? I would like to know if, during the boom years before the recession, the State contributed the amounts it was supposed to to these accounts? A lot of defined contribution pensions accounts that go broke, do so because the companies think they'll last forever so they don't put in their share of the money. Then hard times roll around and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-506477319533219472011-03-10T19:28:09.329-06:002011-03-10T19:28:09.329-06:00This is why the schools are closing because of the...This is why the schools are closing because of the inadequate facilities and funding not provided appropriately! These top 50 people are accumulating money while our state schools are suffering in the process. Southlawn Middle School in Montgomery has not air condition in its gym, other area schools have not been updated as they should have been, while other schools have been built across Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-67603173266342296772011-03-10T16:42:05.937-06:002011-03-10T16:42:05.937-06:00I tried to calculate the total amount of what all...I tried to calculate the total amount of what all these people made combined and my freakin calculator broke. It's a shame that the "real" state employee's get nothing but their penny retirement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-53012857036931672112011-03-10T16:04:41.541-06:002011-03-10T16:04:41.541-06:00What about David Bronner? Why is his balance not p...What about David Bronner? Why is his balance not posted?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-61129304227416612072011-03-10T15:45:01.824-06:002011-03-10T15:45:01.824-06:00There are currently about 8,500 DROP Accounts. Whe...There are currently about 8,500 DROP Accounts. When you look at the top 50 accounts you are looking at less than 1 percent of the total. While these 50 have large balances, which is because they have worked many years and receive large salaries, there are another 8,450 DROP members who have much more modest DROP Acount Balances and benefit greatly from this program. If the State must end DROP Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-26061614016814372392011-03-10T13:40:36.279-06:002011-03-10T13:40:36.279-06:00The Drop Program is intended to given on a case by...The Drop Program is intended to given on a case by case basis to those whole have necessary or hard to obtain skills that are of value to the State. It was never intended, nor is it given to everyone who wants to get in it. I, like you, see way to many politically tied individuals in that list but that doesn't mean that it is a bad program. It just needs to be fixed. Here is why . . .<br /Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-90708290658184084412011-03-10T13:38:09.975-06:002011-03-10T13:38:09.975-06:00Almost 98% of those listed are under the Education...Almost 98% of those listed are under the Education Department. The teachers get nothing but look at what the actual blood suckers get. The teacher and the average state worker gets screwed once again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-38662169389724416672011-03-10T13:26:41.129-06:002011-03-10T13:26:41.129-06:00they forget to mention that the money for this doe...they forget to mention that the money for this doesnt come out of the state budget. Its just a big dog and pony show to look like soemthing is being done, not to mention a possible retribution play against AEA for supporting bradley byrne.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-33411690020998367662011-03-10T13:12:16.337-06:002011-03-10T13:12:16.337-06:00All this goes to show is that people in power who ...All this goes to show is that people in power who make a lot of money can and do abuse the system. This does not however, show all of the people who have worked hard their entire careers and are of value to the State, be able to save and build a descent retirement. Shame on the media for once again only showing the most extreme examples and not the Whole story!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-41789190402983663482011-03-10T13:09:49.741-06:002011-03-10T13:09:49.741-06:00I think that just because a teacher has been teach...I think that just because a teacher has been teaching for a while does not mean they are better than a newer teacher! Eliminating the DROP program could save the state a lot of money and possibly a lot of jobs for state employees that have just finished college and are trying to raise a family and start a career, something that most people in the DROP program have already had the chance to do!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-30746839248734323672011-03-10T13:07:38.637-06:002011-03-10T13:07:38.637-06:00The DROP program was intiently to GIVE and KEEP qu...The DROP program was intiently to GIVE and KEEP qualified teachers and state employees an incentive to stay but, with all good intentions given... The Highly paid and compensated individuals were able to hijack a much needed incentive to keep underpaid individuakls from going into the Private sector of buisness and or moving to higher paying postions in neighboring states. If legislation cancels Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-1260779446400799092011-03-10T12:40:36.390-06:002011-03-10T12:40:36.390-06:00This program should be just for teachers who are o...This program should be just for teachers who are our most valuable resource. It was designed to keep experienced teachers in the system. The program can work it just needs to be revamped.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3287410507045799988.post-52684937655761588142011-03-10T10:24:21.627-06:002011-03-10T10:24:21.627-06:00My understanding that if someone has signed a cont...My understanding that if someone has signed a contract already with the drop program... their entitled to it even if the drop program is Voted out? Unless legislation is able to VOID all contracts this is nothing but, a whitewash deal as usual?Anonymousnoreply@blogger.com